Negative to gap down opening is expected with increased volatility and profit booking at higher levels as eod nifty chart is showing shooting star candle . http://dhanvarsha.in/nifty-macro-micro-analysis-week-ending-11-oct-13/
Nifty Hourly chart is under pressure …possible support is 5910 if broken with volumes then more panic will be there and we may see NF to trade at 5850 40 level .
Trade in Nifty futures as per these levels
Buy at / above: 5951 Targets: 5964 – 5983 – 6003 – 6022
Stoploss : 5929
Sell at / below: 5929 Targets: 5912 – 5893 – 5874 – 5855-5834
Stoploss : 5951
Premium commodity call of Friday
kailash123p@yahoo.co.in (10/4/2013 4:37:17 PM): buy copper m at 451 sl 447 tgt 454 457
later traded above 456
Nifty levels 07 Oct 13